<u>Full question:</u>
Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.
Select the correct answer below:
a)economies of scale
b)budget constraint
c)opportunity cost
d)opportunity set
<u>Answer:</u>
His friend is referring to the opportunity cost
<u>Explanation:</u>
Opportunity costs describe the gains a person, investor or company drops out on when picking one choice over another. The cost of practicing something is previously the cost of the highest-valued alternative use. Bottlenecks are frequently a condition of opportunity costs.
The method for determining an opportunity cost is solely the contrast within the expected returns of any option. Estimating opportunity costs can lead you to more effective decision-making. Opportunity cost examination also performs a crucial role in preparing a business's capital structure.
Answer and Explanation:
The best solution to accomplish the request from the manager while not limiting access to other website is simply to activate the firewall system from the main server. He proceeds by using a blacklist on that firewall and in other not to limit access to other websites, he just adds the site that users are spending excessive time on as a blacklist.
This would solve the problem and not affect other websites.
Answer:
organizational story
Explanation:
Heidi Ganahl -
She is a very famous author , businesswomen and entrepreneur , the very founder of the Camp Bow Wow , which is a franchise for pet care.
Heidi Ganahl is characterised as an organizational story for her franchise Camp Bow Wow , where the people working in the camp Bow Wow all listen to the inspirational stories of her life , and feel motivated to do the same .
Hence , from the given information of the question,
The correct term is organizational story .
Answer:
identifying data required to validate a concept
In this case the perfect tender rule
b. does not apply.
Explanation:
The perfect tender rule has certain exceptions where it cannot be applied to the tender parties and the probates of the tender.
If there is a government ruling against the use of certain products that are necessary for the tender to be completed and the outlaw happens after the tender is signed but before it is completed as a consignment then it cannot be done.
This would come under the ambit of an emergency where the governed ruling makes such deals null and void.